Categories: partnership

Partnership Questions Set 8

Partnership based Questions are important for competitive exams like IBPS PO, SSC CGL. We are here with daily practice sets based on partnership questions.

Q1. A, B, C enter into a partnership investing Rs. 35000, Rs. 45000 and Rs. 55000 respectively. The respective shares of A, B, C in an annual profit of Rs. 40500 are:
(a) Rs. 13500, Rs. 16500, Rs. 10500
(b) Rs. 10500, Rs. 13500, Rs. 16500
(c) Rs. 13500, Rs. 10500, Rs. 16600
(d) Rs. 13000, Rs. 11500, Rs. 16600
(e) None of these

Q2. A, B and C enters into a partnership their shares are in the ratio 1/2 ∶1/3 ∶1/4. After 2 months, A withdraws half of his capital. After 10 months, a profit of Rs. 378 is divided among them. What is B’s share?
(a) Rs. 129
(b) Rs. 144
(c) Rs. 156
(d) Rs. 168
(e) None of these

Q3. A and B are partners in a business. A contributes 1/4 of the capital for 15 months and B received 2/3 of the profit. Find for how long B’s money was invested in the business?
(a) 1 year
(b) 9 months
(c) 6 months
(d) 10 months
(e) None of these

Q4. A, B and C are partners of a company. During a particular year A received 1/3 of the profit, B received 1/4 of the profit and C received remaining Rs. 5000. How much did A receive?
(a) Rs. 5000
(b) Rs. 4000
(c) Rs. 3000
(d) Rs. 1000
(e) None of these

Answers to the quiz and More questions are attached in the Sehpaathi Test Application below

Sehpaathi Test Application: CHALLENGE YOURSELF

Test: Partnership-Set8

Q5. A began a business with Rs. 4500. Later, B joined A with Rs. 5400. When did B join if the profits at the end of the year were divided in the ratio of 2 : 1?
(a) 4 months
(b) 5 months
(c) 6 months
(d) 7 months
(e) None of these

Answers:

1 – B
2 – B
3 – D
4 – B
5 – D